SINGAPORE (June 8): SGX has appointed Loh Boon Chye as its new Chief Executive Officer from July 14.

Loh, aged 51, began as an Investment Officer with the Monetary Authority of Singapore in 1989.

He joined the Singapore branch of Morgan Guaranty Trust Co. of New York in 1992.

From 1995 to 2012, he was with Deutsche Bank AG, Singapore, where he held the posts of Chief Executive of the Global Markets Division in Singapore, and Head of Global Markets – Asia, and was Head of Corporate and Investment Banking for Asia-Pacific.

From December 2012 to early this year, he was with Bank of America – Merrill Lynch as Deputy President and Head of Global Markets for Asia-Pacific.

Chew Choon Seng, Chairman of SGX, said, "We are pleased to welcome Boon Chye as the new CEO. He is very well regarded by everyone who has worked with him and respected as an accomplished leader and team manager. Boon Chye is no stranger to SGX and his knowledge and extensive experience in capital markets equip him well to take SGX forward."

Loh graduated from the National University of Singapore with a Bachelor of Engineering degree.

He was a director on the Board of SGX from October 2003 to September 2012.

Chew also expressed SGX's thanks and appreciation to Magnus Böcker for his service and contribution as CEO over the past five-and-a-half years, and wished him the best for the future.

Böcker will complete his assignment on 30th June 2015.

SGX President Muthukrishnan Ramaswami will be in charge from July 1 to 13.